[Form 4] GENIE ENERGY LTD Insider Trading Activity

Insider Trade Summary

Exercise Price or Tax Liability: 25,908 shares

Exercise Price or Tax Liability 3 txns

Insider STEIN MICHAEL M

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class B Common Stock, par value $.01 per share	10,845	$20.15	$219K
Exercise Price or Tax Liability	Class B Common Stock, par value $.01 per share	15,063	$20.10	$303K
holding	Class B Common Stock, par value $.01 per share	--	--	--

Holdings After Transaction: Class B Common Stock, par value $.01 per share — 553,030 shares (Direct); Class B Common Stock, par value $.01 per share — 260,288 shares (Indirect, By Wife)

Footnotes (3)

1. F1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
2. F2. Consists of 73,398 shares of Class B common stock held directly; 347,144 vested restricted shares of Class B common stock; and 143,333 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 60,000 shares vesting as follows: 30,000 shares vesting on each of August 3, 2025, and February 10, 2026; and (ii) 83,333 shares vesting as follows: 41,667 shares vesting on August 3, 2026, and 41,666 shares vesting on August 2, 2027.
3. F3. Consists of 73,398 shares of Class B common stock held directly; 366,299 vested restricted shares of Class B common stock; and 113,333 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 30,000 shares vesting on February 10, 2026; and (ii) 83,333 shares vesting as follows: 41,667 shares vesting on August 3, 2026, and 41,666 shares vesting on August 2, 2027.

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Accepted by SEC EDGAR 08/05/2025 - 08:20 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STEIN MICHAEL M

(Last) (First) (Middle)

C/O GENIE ENERGY LTD.

520 BROAD STREET

(Street)

NEWARK NJ 07102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Genie Energy Ltd. [ GNE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock, par value $.01 per share	08/01/2025		F		15,063(1)	D	$20.1	563,875(2)	D
Class B Common Stock, par value $.01 per share	08/03/2025		F		10,845(1)	D	$20.15	553,030(3)	D
Class B Common Stock, par value $.01 per share								260,288	I	By Wife

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.

2. Consists of 73,398 shares of Class B common stock held directly; 347,144 vested restricted shares of Class B common stock; and 143,333 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 60,000 shares vesting as follows: 30,000 shares vesting on each of August 3, 2025, and February 10, 2026; and (ii) 83,333 shares vesting as follows: 41,667 shares vesting on August 3, 2026, and 41,666 shares vesting on August 2, 2027.

3. Consists of 73,398 shares of Class B common stock held directly; 366,299 vested restricted shares of Class B common stock; and 113,333 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 30,000 shares vesting on February 10, 2026; and (ii) 83,333 shares vesting as follows: 41,667 shares vesting on August 3, 2026, and 41,666 shares vesting on August 2, 2027.

	Joyce J. Mason, by Power of Attorney	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.